Job Description:At Regions, the Enterprise Compliance and Operational Risk Function Manager serves as a risk management expert within the organization across the first, second, and third line of defense. This position ensures the effective implementation of a risk management framework and related programs, advising on business and product decisions to ensure alignment. Additionally, this position owns one or more products, processes, or programs, driving improvements, policy development, and strategic initiatives to strengthen compliance and risk management.
Primary Responsibilities- Advises leadership on business and product decisions, ensuring alignment with organizational risk standards
- Designs, implements, and oversees risk programs, including monitoring, testing, and control assessments, including the review of organizational initiatives for risk impact
- Leads initiatives to identify and proactively mitigate emerging risks (e.g., cyber security, artificial intelligence (AI), etc.)
- Assists with regulatory exams and internal audits by compiling requested information and preparing supporting materials
- Develops and delivers training materials and workshops for business units in an effort to increase risk awareness and compliance
- Maintains advanced understanding of applicable laws, regulations, internal policies, and trends, as well as monitors changes and communicates impacts appropriately
- Leads efforts to resolve highly critical issues, findings, and/or regulator matters, ensuring effective communication and collaboration with impacted stakeholders
- Supervises day-to-day work of junior analysts when appropriate, as well as provides advice and guidance to develop technical skills and knowledge
- May serve as a liaison to internal and external auditors and enterprise support units
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
Requirements- Bachelor's degree in related field and ten (10) years of experience in risk, audit, or related oversight function(s)
- Or High School Diploma or GED and fourteen (14) years of experience in risk, audit, or related oversight function(s)
Preferences- Applicable certifications (e.g., Certified Fraud Examiner (CFE), Certified Public Accountant (CPA), Certified Regulatory Compliance Manager (CRCM))
- Experience with Governance, Risk Management and Compliance (GRC) tools
- Knowledge of data visualization and programming software
- Knowledge of end-to-end banking processes (e.g., sales, account opening, account servicing, payments)
- Knowledge of key federal acts and associated banking regulations (e.g., Dodd-Frank Act, Electronic Fund Transfer Act, Expedited Funds Availability Act, Truth in Lending)
- Knowledge of risk management frameworks (e.g., Basel, Committee of Sponsoring Organizations (COSO))
- Master's degree in related field
Skills and Competencies- Ability to learn additional systems as needed
- Ability to make balanced, risk-based decisions based on facts
- Ability to prioritize projects and allocate time efficiently and effectively
- Ability to research, analyze data, and derive facts
- Ability to solve problems and implement effective solutions
- Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
- Strong verbal, written communication, and organizational skills
- Strong work ethic and self-motivation
Position TypeFull time
Compensation DetailsPay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:Minimum:$153,527.00 USD
Median:$203,400.00 USD
Incentive Pay Plans:This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance.Opportunity to participate in the Long Term Incentive Plan.
Benefits InformationRegions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
- Paid Vacation/Sick Time
- 401K with Company Match
- Medical, Dental and Vision Benefits
- Disability Benefits
- Health Savings Account
- Flexible Spending Account
- Life Insurance
- Parental Leave
- Employee Assistance Program
- Associate Volunteer Program
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.
https://www.regions.com/about-regions/welcome-portal/benefits
Location DetailsRegions Center
Location:Birmingham, Alabama
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
